Middle East & Africa Carbon Fiber Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$282.5

Forecast, 2030 (US$M)

$569.4

CAGR, 2023 - 2030

9.2%

Report Coverage

Middle East & Africa

Middle East & Africa carbon fiber market, 2018-2030 (US$M)

Related Markets

Global Carbon Fiber Industry Outlook

North America Carbon Fiber Market Outlook

U.S. Carbon Fiber Market Outlook

Canada Carbon Fiber Market Outlook

Mexico Carbon Fiber Market Outlook

Europe Carbon Fiber Market Outlook

Germany Carbon Fiber Market Outlook

France Carbon Fiber Market Outlook

UK Carbon Fiber Market Outlook

Asia Pacific Carbon Fiber Market Outlook

Japan Carbon Fiber Market Outlook

China Carbon Fiber Market Outlook

Taiwan Carbon Fiber Market Outlook

Latin America Carbon Fiber Market Outlook

Brazil Carbon Fiber Market Outlook

MEA carbon fiber market highlights

The MEA carbon fiber market generated a revenue of USD 282.5 million in 2022.
The market is expected to grow at a CAGR of 9.2% from 2023 to 2030.
In terms of segment, pan was the largest revenue generating raw material in 2022.
PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2022	USD 282.5 million
Market revenue in 2030	USD 569.4 million
Growth rate	9.2% (CAGR from 2022 to 2030)
Largest segment	Pan
Fastest growing segment	PAN
Historical data covered	2018 - 2021
Base year for estimation	2022
Forecast period covered	2023 - 2030
Quantitative units	Revenue in USD million
Market segmentation	PAN, Pitch
Key market players worldwide	DowAksa, Formosa Plastics Group, Hexcel Corp, Jiangsu Hengli Hydraulic, Mitsubishi Chemical Group Corp, SGL Group, Solvay SA, Teijin Ltd, Toray Industries Inc, A & P Technology, ENF Solar, Hyosung Advanced Materials, Nippon Graphite Fiber

Other key industry trends

In terms of revenue, MEA region accounted for 6.0% of the global carbon fiber market in 2022.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
Europe is the fastest growing regional market and is projected to reach USD 3,498.8 million by 2030.

Key Regions: U.S. , UK , Japan , Brazil , Canada

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Carbon Fiber Market Scope

Carbon fiber market segmentation & scope

Raw Material

PAN

Pitch

Product

Small tow

Large Tow

Application

Automotive

Aerospace & Defense

Wind Turbines

Sports/Leisure

Molding & Compound

Construction

Pressure Vessels

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Mexico

Canada

U.S.

Germany

France

Japan

Taiwan

China

Brazil

Carbon Fiber Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa carbon fiber market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon fiber market will help companies and investors design strategic landscapes.

Pan was the largest segment with a revenue share of 94.9% in 2022. Horizon Databook has segmented the Middle East & Africa carbon fiber market based on pan, pitch covering the revenue growth of each sub-segment from 2018 to 2030.

Reasons to subscribe to Middle East & Africa carbon fiber market databook:

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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Middle East & Africa carbon fiber market databook

Our clientele includes a mix of carbon fiber market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa carbon fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa carbon fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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